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3 minutes ago, Jason said:

Okay but seriously do we think GME and AMC are tanking the moment things open?


The charts for GME & AMC look nearly identical so I do kinda feel this is ladder trading and market manipulation to scare people into selling. However, I sure as shit am not saying it won’t work. I bought in too high for AMC so I might as well hold at this point since AMC could survive the pandemic and go back to their pre-covid normal range, or, get acquired by @sblfilmsand go back to their normal pre-covid range, in which case I make a profit on the long game.

 

TL;DR: I’m an amateur, don’t listen to me

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6 minutes ago, Spork3245 said:


The charts for GME & AMC look nearly identical so I do kinda feel this is ladder trading and market manipulation to scare people into selling. However, I sure as shit am not saying it won’t work. I bought in too high for AMC so I might as well hold at this point since AMC could survive the pandemic and go back to their pre-covid normal range, or, get acquired by @sblfilmsand go back to their normal pre-covid range, in which case I make a profit on the long game.

 

TL;DR: I’m an amateur, don’t listen to me

 

I could still break even on GameStop and make a tiny profit on AMC, if I was already down then yeah I could see just holding and see what happens as a no brainer, but since I can potentially get out without getting burned... :thinking:

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1 minute ago, Jason said:

 

I could still break even on GameStop and make a tiny profit on AMC, if I was already down then yeah I could see just holding and see what happens as a no brainer, but since I can potentially get out without getting burned... :thinking:

Yeah, depending when you got in, I would keep amc. I sold half yesterday at 14, I wasn't willing to lose it all, and that paid my originalpurchase. But im going to buy more when it drops again, because i believe they will succeed in the future.

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3 minutes ago, elbobo said:

AMC and GME charts look very suspiciously similar today. Both bottomed at the same time

 

3 hours ago, Spork3245 said:


The charts for GME & AMC look nearly identical so I do kinda feel this is ladder trading and market manipulation to scare people into selling. However, I sure as shit am not saying it won’t work. I bought in too high for AMC so I might as well hold at this point since AMC could survive the pandemic and go back to their pre-covid normal range, or, get acquired by @sblfilmsand go back to their normal pre-covid range, in which case I make a profit on the long game.

 

TL;DR: I’m an amateur, don’t listen to me


 :sun: 

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1 hour ago, cusideabelincoln said:

Unless AMC goes to the moon I'm going to hold until the pandemic is over.

I have a bit of CNK I bought a few weeks ago for a post COVID play with a theatre with a better balance sheet. It’s not as exciting as AMC, but it’s doing well so far. 

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